Dollar General Co. (NYSE:DG) Shares Sold by Flossbach Von Storch AG

Flossbach Von Storch AG decreased its holdings in Dollar General Co. (NYSE:DG) by 8.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,292,415 shares of the company’s stock after selling 112,123 shares during the quarter. Dollar General accounts for about 0.8% of Flossbach Von Storch AG’s holdings, making the stock its 27th biggest holding. Flossbach Von Storch AG’s holdings in Dollar General were worth $175,704,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Fiduciary Trust Co. grew its position in Dollar General by 0.7% during the first quarter. Fiduciary Trust Co. now owns 8,868 shares of the company’s stock worth $1,866,000 after buying an additional 64 shares during the period. SevenOneSeven Capital Management increased its stake in Dollar General by 5.4% in the 2nd quarter. SevenOneSeven Capital Management now owns 1,257 shares of the company’s stock valued at $207,000 after purchasing an additional 64 shares in the last quarter. Kinneret Advisory LLC raised its holdings in Dollar General by 2.3% during the first quarter. Kinneret Advisory LLC now owns 2,906 shares of the company’s stock worth $647,000 after purchasing an additional 65 shares during the last quarter. Cito Capital Group LLC boosted its position in Dollar General by 2.5% during the first quarter. Cito Capital Group LLC now owns 3,100 shares of the company’s stock worth $652,000 after purchasing an additional 75 shares in the last quarter. Finally, Evergreen Capital Management LLC grew its holdings in Dollar General by 7.6% in the fourth quarter. Evergreen Capital Management LLC now owns 1,160 shares of the company’s stock valued at $286,000 after purchasing an additional 82 shares during the last quarter. 91.77% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Dollar General

In other news, EVP Carman R. Wenkoff sold 5,909 shares of the stock in a transaction on Thursday, April 4th. The shares were sold at an average price of $162.23, for a total value of $958,617.07. Following the completion of the sale, the executive vice president now owns 28,579 shares of the company’s stock, valued at $4,636,371.17. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Ralph Santana sold 3,009 shares of the firm’s stock in a transaction dated Thursday, April 11th. The stock was sold at an average price of $155.72, for a total transaction of $468,561.48. Following the sale, the director now directly owns 3,248 shares in the company, valued at approximately $505,778.56. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Carman R. Wenkoff sold 5,909 shares of the company’s stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of $162.23, for a total value of $958,617.07. Following the completion of the transaction, the executive vice president now owns 28,579 shares of the company’s stock, valued at approximately $4,636,371.17. The disclosure for this sale can be found here. 0.60% of the stock is currently owned by corporate insiders.

Dollar General Trading Down 0.4 %

Shares of NYSE DG traded down $0.52 during trading on Wednesday, hitting $144.47. 1,864,646 shares of the company traded hands, compared to its average volume of 2,389,606. The firm has a market capitalization of $31.74 billion, a P/E ratio of 19.11, a P/E/G ratio of 2.59 and a beta of 0.42. The company has a quick ratio of 0.15, a current ratio of 1.19 and a debt-to-equity ratio of 0.92. The company has a 50-day moving average price of $149.24 and a 200-day moving average price of $133.78. Dollar General Co. has a 1 year low of $101.09 and a 1 year high of $222.99.

Dollar General (NYSE:DG) last posted its quarterly earnings results on Thursday, March 14th. The company reported $1.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.74 by $0.09. The firm had revenue of $9.86 billion during the quarter, compared to the consensus estimate of $9.77 billion. Dollar General had a return on equity of 26.13% and a net margin of 4.29%. The firm’s quarterly revenue was down 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.96 earnings per share. On average, equities analysts predict that Dollar General Co. will post 7.28 EPS for the current year.

Dollar General Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 23rd. Investors of record on Tuesday, April 9th will be issued a $0.59 dividend. The ex-dividend date is Monday, April 8th. This represents a $2.36 annualized dividend and a yield of 1.63%. Dollar General’s payout ratio is 31.22%.

Analyst Ratings Changes

Several research analysts have recently issued reports on DG shares. Evercore ISI cut their price target on Dollar General from $162.00 to $160.00 and set an “in-line” rating for the company in a research note on Tuesday, April 2nd. BMO Capital Markets upped their price target on shares of Dollar General from $130.00 to $160.00 and gave the company a “market perform” rating in a report on Friday, March 15th. Wells Fargo & Company raised their price objective on shares of Dollar General from $125.00 to $155.00 and gave the stock an “equal weight” rating in a research note on Friday, March 15th. Morgan Stanley upped their target price on Dollar General from $160.00 to $170.00 and gave the company an “overweight” rating in a research note on Friday, March 15th. Finally, Barclays raised Dollar General from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $124.00 to $154.00 in a research report on Thursday, January 4th. Fifteen equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, Dollar General currently has an average rating of “Hold” and a consensus price target of $153.08.

Dollar General Company Profile

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.